Sri Lanka gets backing from IMF, bilateral creditors
Sri Lanka gets backing from IMF, bilateral creditors for $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary Fund, the finance ministry said in a statement on Friday, a huge boost to the island nation's fragile economy.
Sri Lanka's new president navigates IMF bailout amid austerity measures
The IMF responded by highlighting the importance of sustaining economic recovery efforts, which have led to revived growth, reduced inflation, and improved revenue mobilisation.
Statement at the End of IMF Staff Visit to Sri Lanka
An International Monetary Fund (IMF) team led by Mr. Krishna Srinivasan, Director for the Asia Pacific Department, visited Colombo October 2-4, 2024.
IMF asks Sri Lanka to protect hard-won gains
COLOMBO: Sri Lanka's painful austerity measures were "bearing fruit" and must be sustained, the International Monetary Fund said on Friday (Oct 4) as the country's new president sought changes to its US$2.
Sustaining reforms critical for Sri Lanka: IMF
Sri Lanka can draw down a fourth tranche of $336 million in IMF funds only if it is satisfied that leaders are sticking to the revenue and spending targets of the rescue plan.
Sri Lanka to Discuss Shape of IMF Deal During Oct Meetings in Washington
COLOMBO (Reuters) - Sri Lanka will have detailed talks with the IMF on the framework of a $2.9 billion bailout programme on the sidelines of the lender's annual meetings in Washington later this month, the country's cabinet spokesperson said on Tuesday.
Sri Lanka’s new president says he’ll restart talks with the IMF to find a way out of economic crisis
Sri Lanka’s new President Anura Kumara Dissanayake says that he will soon resume discussions with the International Monetary Fund and foreign creditors to plot a way out of the worst economic crisis in the country’s history.
Sri Lanka to begin talks with IMF to take forward $2.9 bln bailout, president says
Sri Lanka's new President Anura Kumara Dissanayake said on Wednesday that he plans to begin negotiations with the International Monetary Fund (IMF) immediately to take forward the country's $2.9 billion bailout programme.
Sri Lanka's New President Seek Changes To IMF Deal
Sri Lanka's new president Thursday urged the IMF to consider "alternative means" to continue with a $2.9 billion bailout that aided his country in the wake of a sovereign default but imposed painful austerity.
Sri Lanka: IMF delegation met with Sri Lanka's Government Officials
Colombo, Sri Lanka - October 03, 2024 A high-level IMF delegation met with Sri Lanka's economic team to discuss the progress of the Extended Fund Facility. Positive discussions focused on economic reforms & future collaboration under the new government.
Sri Lanka to move forward with third review of near $3 billion IMF bailout
Sri Lanka plans to move ahead with the third review of its nearly $3 billion programme of support from the International Monetary Fund, the new government said on Thursday, as the island nation seeks to emerge from its worst financial crisis in decades.
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IMF, bilateral creditors back Sri Lanka on $12.5 billion bondholder debt rework
Sri Lanka's $12.5 billion bondholder debt rework has received support from bilateral creditors and the International Monetary ...